1-bed · 475 sqftVera Residences, Business Bay · 18th floor · completed 2022

1818, Vera Residences

Sold prices and rental history: sold once, by the developer in February 2018, and rented continuously since 2023. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 1818 · DLD and Ejari recordsUpdated 14 February 2026
Last soldAED 780K21 February 2018
Current rentAED 72K /yr14 February 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 1818, Vera Residences

What is 1818 worth today?

Last sold for AED 780,000 in 2018

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14 Feb 2026RentedRenewal
AED 71,662/yr12 months · AED 151 per sqft
14 Feb 2025RentedNew contract
AED 68,250/yr12 months · AED 144 per sqft
14 Feb 2024RentedRenewal
AED 65,000/yr12 months · AED 137 per sqft
14 Feb 2023RentedNew contract
AED 65,000/yr12 months · AED 137 per sqft
21 Feb 2018Sold by developerOff-plan
AED 780,000AED 1,642 per sqft

Source: Dubai Land Department. Updated 14 February 2026.

Key facts

Type
1-bed apartment
Size
475 sqft
Floor
18th of 28
Parking
P3-059
Developer
DAMAC
Completed
2022
Service charge
AED 10,500 /yr
Last sold
AED 780K · February 2018

About 1818, Vera Residences

1818 is a one-bedroom apartment of 475 sqft on the 18th floor of Vera Residences, a 28-storey tower in Business Bay completed in 2022 by DAMAC. The developer sold it on 21 February 2018 for AED 780,000, or AED 1,642 per sqft, 4% above the AED 1,575 one-beds in the building were fetching at the time.

It has been rented continuously since 2023 on 4 Ejari contracts. The current contract, renewed on 14 February 2026, is AED 71,662 a year: a gross yield of 9.2% on the 2018 price, before the service charge of about AED 10,500 a year.

Sales and rents for 1818 over time

Sales
Unit 1818, each saleTypical one-bed in Vera Residences
500K750K1M2018202120242027Typical sale price by year: 2018 AED 753,000; 2019 AED 741,560; 2021 AED 590,000; 2022 AED 829,500; 2023 AED 900,000; 2024 AED 1,072,500; 2025 AED 1,100,000; 2026 AED 1,100,000Sold by developer, February 2018: AED 780,000 (AED 1,642 per sqft)

1818 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 1818, each contractTypical one-bed in Vera Residences
65K70K75K202220242026Typical rent by year: 2022 AED 65,000; 2023 AED 70,000; 2024 AED 75,000; 2025 AED 75,000; 2026 AED 67,000New contract, February 2023: AED 65,000 a yearRenewal, February 2024: AED 65,000 a yearNew contract, February 2025: AED 68,250 a yearRenewal, February 2026: AED 71,662 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Vera Residences, and where 1818 sits

All 293 1-beds →

1818 last sold in February 2018 at AED 1,642 per sqft, 4% above what one-beds in Vera Residences were fetching at the time (AED 1,575). Over the last 12 months one-beds sold for AED 940,000 to 1,254,000, around AED 2,225 per sqft, and rent for AED 29,219 to 140,000 a year. 1818's AED 71,662 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
19 Oct 2026940,000
16 Oct 20261,000,000
19 Aug 20261,254,000
18 Aug 20261,141,000
13 1-bed sales in the last 12 months

Vera Residences

Building

522 apartments, studios to 2-bed over 28 floors in Business Bay, completed in 2022 by DAMAC. 25 sold in the last 12 months.

Typical price per sqft
AED 2,097 Down 4.6%
Typical sale
AED 1.2M
Typical rent
AED 82K /yr
Typical yield
6.1%
Vera Residences, Business Bay: prices, sales and rents →

Other units on the 18th floor

All 522 units in Vera Residences
Value
18012-bedAED 1.19M · Feb 2018
18022-bedAED 1.19M · Feb 2018
18031-bedAED 779K · Feb 2018
18042-bedAED 1.24M · Feb 2018
18052-bedAED 1.45M · Jan 2024
18062-bedAED 1.28M · Feb 2019
18072-bedAED 1.15M · Feb 2018
1–7 of 20

1818, Vera Residences in numbers

  • Sold once: by DAMAC on 21 February 2018 for AED 780,000, or AED 1,642 per sqft.
  • Rented since February 2023 on 4 Ejari contracts, from AED 65,000 to AED 71,662 a year.
  • At AED 71,662 a year the gross yield on the 2018 price is 9.2%, before a service charge of about AED 10,500 a year (AED 22.04 per sqft).
  • One-beds in Vera Residences sold for AED 940,000–1,254,000 in the 12 months to November 2026; the building's median across all types is AED 2,097 per sqft.

Source: Dubai Land Department. Updated 14 February 2026.

Questions about 1818, Vera Residences

What did unit 1818 last sell for?

AED 780,000 on 21 February 2018, sold by the developer: AED 1,642 per sqft for 475 sqft. It is the only registered sale of the unit.

What is the rent for unit 1818?

AED 71,662 a year on the contract renewed on 14 February 2026. The previous contract, from February 2025, was AED 68,250; the unit has been rented since February 2023.

How big is unit 1818?

475 sqft (44.1 sqm): a one-bedroom apartment on the 18th floor of a 28-storey tower completed in 2022.

What is unit 1818 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Vera Residences sold for AED 940,000 to 1,254,000 in the last 12 months, around AED 2,225 per sqft.

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Mortgage on 1818, Vera Residences

Starts from the last sale price (AED 780K, 21 February 2018). Switch to today's estimate once you have unlocked it.
Price
AED 780,000
Deposit, UAE resident (20%)
AED 156,000
Deposit, non-resident (40%)
AED 312,000
Monthly over 25 years at 3.7%
AED 3,191

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →